World economic system, Large protests broke out in spring

World economic system

Reference no: EM13174594

Large protests broke out in spring 2009 at the G-20 Summit meeting in London. Anarchists and other far-left groups argued that capitalism has been proven a failure as the leading world economic system. They cite the current global economic downturn as evidence. Are they correct or incorrect? Consider the role of capitalism in trade, monetary policy and investment. Is capitalism the best answer? If not, what is? Support your arguments with the theories discussed in Chapter Twelve.

Reference no: EM13174594

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